Monthly Archives:  October 2014

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• Russia Agrees to Terms With Ukraine Over Gas Supply

  Full Story | 31st October 2014
  Russia agreed to terms for restoring natural-gas exports to Ukraine, laying the groundwork to prevent residents going without heat as temperatures drop.The gas negotiations, brokered by the European Union, came as pro-Russian rebels stepped up .

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• Microsoft Unveils Fitness Band, App in Crowded Wearables

  Full Story | 30th October 2014
  Microsoft Corp. (MSFT) unveiled an activity-tracking wristband and related Internet-based service that can track and analyze health, fitness and sleep data, jumping into the crowded wearable-computer market.The $199 Microsoft Band, on sale today, works with .

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• PTL Holdings p.l.c. to issue new bonds

  Full Story | 29th October 2014
  Premier Capital p.l.c. has been informed by its ultimate shareholder, Hili Ventures Limited, that PTL Holdings p.l.c., a member of the Hili Ventures Group and sister company of Premier Capital p.l.c., has submitted an application .

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• UBS Profit Misses Estimates on Litigation Provision

  Full Story | 28th October 2014
  UBS AG, Switzerland’s biggest bank, rose in Zurich trading after the bank set aside 1.84 billion Swiss francs ($1.94 billion) for litigation provisions, easing investor concern about the future cost of legal challenges.A net tax .

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• ECB List of Failing Banks Shrinks If You Read Small Print

  Full Story | 27th October 2014
  Most of the lenders that failed the European Central Bank’s balance-sheet test have been let off for good behavior.Only eight banks haven’t already plugged capital gaps or satisfied the ECB with plans to shrink, out .

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• Panic Defused in Stocks With Sharpest VIX Drop Since 2009

  Full Story | 23rd October 2014
  The panic has subsided.Four consecutive advances in the Standard & Poor’s 500 Index (SPX) have pushed the gauge up 4.2 percent since Oct. 15, recouping half the losses from a selloff that began in mid-September. .

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• Heineken Revenue Misses Analyst Estimates as Europe Wanes

  Full Story | 22nd October 2014
  Heineken NV (HEIA), the Dutch brewer that spurned an overture from SABMiller Plc (SAB) last month, reported third-quarter sales growth that missed estimates, extending the run of European companies hurt by sustained softness across the .

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• Apple Projects Another IPhone-Fueled Record for Holidays

  Full Story | 21st October 2014
  Tim Cook is getting the end-of-year shopping season down to a science.Apple Inc. (AAPL)’s chief executive officer yesterday forecast a record holiday sales quarter, fueled by new bigger-screen iPhones, refreshed and slimmer iPads and the .

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• SAP Cuts Forecast as Cloud Shift Weighs on Profit

  Full Story | 20th October 2014
  SAP SE cut its full-year earnings forecast as software customers move to applications delivered through the Internet, a trend that’s brought sweeping changes in the technology industry.The world’s largest maker of business-management software said today .

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• Google Profit Misses Estimates on Slower Growth

  Full Story | 17th October 2014
  Google Inc. (GOOGL) missed profit and revenue estimates for the third quarter as the search provider stepped up spending to reignite slowing advertising sales.Profit, excluding some items, was $6.35 a share, the company said in .